2588 Armstrong St - Freestanding FOR SALE


San Angelo, TX 76903
$2,455,684 USD
662-234-4044
2588 Armstrong St, San Angelo, TX for Sale
$2,455,684 USD
Freestanding - FOR SALE
1/3
null | 6% Cap Rate

2588 Armstrong St
San Angelo, TX 76903


HIGHLIGHTS

  • NNN Single Tenant Investment Opportunity
  • ±38,000 3-Mile Population (STDB)
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During Primary Term & Renewal Options
  • Corporate Guarantee by Dollar General Corporation

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in San Angelo, TX. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the preliminary term and each option, and an estimated delivery date of September 2025. San Angelo is located in the Concho Valley region at the confluence of the three branches of the Concho River. San Angelo, TX is a West Texas oasis with numerous recreational areas nearby such as OC Fisher Lake, Lake Nasworthy, Twin Buttes Lake, and San Angelo State Park. The city is also home to the Goodfellow Air Force Base, a nonflying training base recognized for providing intelligence training to multiple military branches. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. The Subject is located on Armstrong Street on the northside of San Angelo, TX. San Angelo is in the Permian Basin with Midland and Odessa, located along the Concho River in Texas. The vibrant West Texas town of San Angelo is supported by companies across business sectors like manufacturing and food processing, including Ethicon, Hirschfeld Industries, Lone Star Beef Processing, and Performance Financial. San Angelo is a true Western town with rodeos, ranches, and horseback riding that attracts college students, millennials, and families looking for an affordable quality of life.

FOR SALE DETAILS

PRICE

$2,455,684 USD

PRICE/SF

$232 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | San Angelo, TX (Armstrong)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

38-05735-0009-000-00

ASK ABOUT THIS PROPERTY

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.